Income of Rs 12 lakh, hence zero tax: Is ITR filing still mandatory from April 1, 2026?

From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...
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Income Tax department enables updated returns filing in ITR-3, ITR-4 for AY2021-22 & 2022-23

The Income Tax Department has announced that taxpayers can now file updated income tax returns (ITR-U) for the assessment years (AY) 2021-22 and 2022-23 using ITR-3 and ITR-4 forms. The facility was ...

How Budget gives relaxation on tax return timelines, rationalizes penalties

The Union Budget 2026–27 maintains income tax rates, simplifying compliance with redesigned forms and extended filing ...
Tax Guru

Budget 2026 allows Non-Audit Business Taxpayers to File ITR till 31st August

The Finance Bill, 2026 proposes revised return-filing timelines to give taxpayers more preparation time. Non-audit business taxpayers gain an extended August ...